Holding(s) in Company

F&C Latin American Inv Trust PLC
02 September 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

F&C Latin American Investment Trust PLC

2) Name of shareholder having a major interest

City of London Investment Management Company Limited

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

Shares managed by City of London Investment Management Company Limited held on
behalf of:

a) The Emerging Markets Country Fund - 1,808,220 shares
b) Jap & Co - 344,223 shares
c) Airhorn & Co - 860,557 shares
d) Investable Emerging Markets Country Fund - 4,052,000 shares
e) The World Emerging Markets Umbrella Fund PLC - 1,590,000 shares
f) GFM Emerging Markets Country Fund - 100,000 shares
g) The Emerging (Free) Markets Country Fund - 775,000 shares
h) Monetary & Co - 650,000 shares


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

a) Mellon UK Nominees Ltd A/C BSDTUSD
b) State Street Bank and Trust Company
c) State Street Bank and Trust Company
d) Mellon UK Nominees Ltd A/C BSDTUSD
e) Mellon UK Nominees Ltd A/C BSDTUSD
f) Mellon UK Nominees Ltd A/C BSDTUSD
g) Mellon UK Nominees Ltd A/C BSDTUSD
h) State Street Bank and Trust Company

5) Number of shares/amount of stock acquired

Not advised

6) Percentage of issued class

Not advised

7) Number of shares/amount of stock disposed

N/A

8) Percentage of issued class

N/A

9) Class of security

Ordinary shares of 10 cents each

10) Date of transaction

Not advised

11) Date company informed

2 September 2004

12) Total holding following this notification

10,180,000

13) Total percentage holding of issued class following this notification

13.97%

14) Any additional information

n/a

15) Name of contact and telephone number for queries

David Fallon
Tel: [phone]

16) Name and signature of authorised company official responsible for
making this notification

David Fallon
For and on behalf of F&C Emerging Markets Limited, Secretary


Date of notification: 2 September 2004


                      This information is provided by RNS
            The company news service from the London Stock Exchange